Tag: Gemini
Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product
The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securi [...]
Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product
Gemini Earn was first available to retail customers in February 2021, offering as much as 8% interest on crypto tokens invested through the program. A [...]
DCG’s Barry Silbert Pitched Genesis and Gemini Merger in 2022 in a Drastic Bid to Save the Lender
In an email from Oct. 20, 2022, Silbert described a lunch meeting with Winklevoss where he discussed the challenges facing Genesis and, by extension, [...]
Winklevoss Twins’ Gemini Promises to Return $1.1B to Earn Customers in NYDFS Settlement
"In addition to Gemini's failures related to Earn, the Department's investigation revealed that Gemini engaged in unsafe and unsound practices that ul [...]
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
"The fraud and deceit were so expansive that many additional people have come forward to report similar harm," James said in a statement. "This illega [...]
Bitcoin (BTC) ETF Approval Marks Conclusion of a Decade-Long Journey
“Bitcoin itself is not even a developed market, let alone to build an ETF on top of it,” said Reginald Browne, managing director at KCG Holdings, at t [...]
Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race
7RCC was founded in 2021 to provide access to crypto and blockchain-related assets for EGS-conscious investors. The company started the process for an [...]
Google’s Gemini and OpenAI’s ChatGPT go head-to-head in Cointelegraph test
Earlier this week, Google launched its latest artificial intelligence (AI) model, Gemini, which it claimed to be the most advanced model currently ava [...]
Is Google’s Gemini really smarter than OpenAI’s GPT-4? Community sleuths find out
Google launched its latest artificial intelligence (AI) model Gemini on Dec. 6, announcing it as the most advanced AI model currently available on the [...]
Google’s ‘GPT-4 killer’ Gemini is out, here’s how you can try it
Tech giant Google has officially rolled out Gemini, its latest artificial intelligence model that it claims has surpassed OpenAI's GPT-4.On Dec. 6, Go [...]
Bankrupt crypto lender Genesis sues Gemini to recover $689M worth of ‘Preferential Transfers’
Bankrupt crypto lending platform Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini Trust to recover $689 million in pr [...]
Genesis Sues Gemini To Recover “Preferential Transfers” Worth $689m
Genesis and Gemini have been embattled in a public and legal feud ever since the collapse of FTX. Genesis filed for bankruptcy in January. Its parent [...]
Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4
Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and In [...]
SBF takes the stand, ‘buy Bitcoin’ searches soar and other news: Hodler’s Digest, Oct. 22-28
Top Stories This Week
Sam Bankman-Fried takes the stand on FTX’s collapse
Sam “SBF” Bankman-Fried testified this week in his ongoi [...]
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B
Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York [...]